iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Strong Trading Volume After Dividend Announcement

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw unusually-high trading volume on Monday following a dividend announcement from the company. Approximately 754,342 shares were traded during trading, an increase of 113% from the previous session’s volume of 354,417 shares.The stock last traded at $22.20 and had previously closed at $22.27.

The newly announced dividend which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.0762 per share. The ex-dividend date is Monday, February 3rd. This is a boost from iShares iBonds Dec 2027 Term Treasury ETF’s previous dividend of $0.07.

iShares iBonds Dec 2027 Term Treasury ETF Trading Up 0.1 %

The business has a fifty day simple moving average of $22.21 and a 200 day simple moving average of $22.35.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IBTH. Pinnacle Bancorp Inc. lifted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 78.6% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 17,760 shares of the company’s stock worth $402,000 after purchasing an additional 7,814 shares during the period. Eastern Bank purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 3rd quarter worth $26,000. Heartland Bank & Trust Co purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 3rd quarter worth $268,000. Strategic Blueprint LLC raised its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 89.3% in the 3rd quarter. Strategic Blueprint LLC now owns 102,571 shares of the company’s stock worth $2,322,000 after buying an additional 48,399 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 1.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 158,284 shares of the company’s stock worth $3,583,000 after buying an additional 1,858 shares during the period.

About iShares iBonds Dec 2027 Term Treasury ETF

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.